Household cash flow across South Africa is under severe strain, with nearly four in 10 citizens expecting to miss at least one bill or loan repayment, according to TransUnion’s latest Consumer Pulse Study. The study reveals that 79% of consumers rank inflation among their top financial worries, while only 37% feel their income is keeping […]
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African Bank is once again pushing boundaries, entering the mobile space with two innovative new products. Tech Deals and Tech Credit which comes at a price point virtually unbeatable in the mobile space, and exclusively available to African Bank MyWorld customers. “Driven by innovation and finding solutions to customer needs, we believe we have come […]
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Anyone grappling with the ‘new norm’ of paying through your teeth at the supermarket and petrol pumps will agree it isn’t easy to keep money in the bank these days, or put any of your salary away for a rainy day. But, it is also not impossible. The rising cost of living has left even […]
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If you are a single mother and struggling to make ends meet, you’re not alone. Monitor, one in two mothers are single. And of these, only 12% of their children’s fathers are regular contributors to their well-being.’Our study revealed that not only is every second mom single, but that there is a 33% probability that […]
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If you are going to invest your hard-earned cash in something, it makes sense to spend it on an asset that will appreciate in value and offer long-term financial security. But just as most things in life aren’t free, much of what we buy today will have less value in a few weeks, months or […]
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Being money wise means saving and investing your money in a way that is unique to your needs. Having a sound savings plan is as important as choosing the right account. Every savings plan should start with a goal you’re aiming to achieve. Saving your money each month is a powerful tool in reaching the […]
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Being clever with your cash now, is better for you in the long run. Belt-tightening means spending smarter, not depriving yourself of the things you enjoy. With the depreciating rand, as well as increasing interest and inflation rates, you need to be smart with your money. To ensure that you on the right path, we have a […]
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If you are married, it’s important to understand what will happen to your marital property when you die. Samke Mhlongo explains what is involved when claiming from your spouse’s estate after their death. Picture this: you’re watching an African movie about a loving husband, his wife and their two young children. The husband dies from […]
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Giving your children the education they need to build a successful future is something most parents strive for. Samke Mhlongo shares the various options available for planning for your child’s education, and how they work. “At least you don’t have to pay school fees, mngani!” That is what my childhood friend says whenever I complain […]
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Lend a hand with these 5 ways to help small businesses survive lockdown.
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In the midst of the global coronavirus pandemic, people aren’t just fearing for their physical well-being, but their financial health too. Image: Pexels TymeBank’s Chief Strategy Officer, Greg Illgner shares 5 ways to stay financially fit during a global pandemic: 1. Don’t panic. Now is not the time to make any rash decisions with your money. […]
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es, you should be getting a few quotes, and comparing the options out there – but you don’t have to do it all yourself.
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